Forex Daily Forecast, Analysis and Prediction

Friday ushered in concerns regarding the euro's resilience.

The EUR/USD pair sell-off gained steam ahead of a relatively busy week in the market.

Bitcoin price was flat on Monday morning, continuing a trend that has been going on for the past few weeks.

The Australian dollar continued its downward trend as the USD strength accelerated.

Unclear whether US Dollar weakness will last.

The decline within the EUR/USD continued last week and the 1.07000 level has been penetrated, as USD strength remains abundant.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of September 10th, 2023 here.

The growing consensus that the Fed is done with rate hikes due to US economic data beginning to show a more convincing economic cooling has been called into question, with analysts concerned the US economy is still hot, which would be evidenced by a firm increase in short-term inflation in data to be released this week.

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

The S&P 500 didn't do so great in futures trading, and it seems like there's a lot of "risk behavior" happening in the market.

The silver market had a bit of a drop on Thursday, and it seems like we're trying to figure out where things are going.

Natural gas markets seemed to steady a bit on Thursday's trading session, and now it's like we're trying to figure out what's next.

The gold market had a bit of a boost on Thursday, and it looks like things are still pretty unpredictable.

The EUR/USD seemed a bit weak on Thursday in the trading world.

During Thursday's trading session, the US dollar witnessed a modest dip, initially attempting a rally before relinquishing its gains.